Bitcoin was built to retain its value
Fiat was built to be abused and inflate
Bitcoin isn't going to go down to the 1k levels. Most financial analysts have no clue on crypto. Usually they give a low figure because they don't want it to succeed...
But isn't Crypto and bitcoin coupled with FIAT? if you compare the chart of NASDAQ and Bitcoin, you will see a stark similarity. The analysts who are bearish on crypto right now, are also bearish on the macroeconomic market. "FIAT was built to retain its value Crypto has been rebuilt to be abused and inflate"  |
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ognasty is probably drunk af somewhere after receiving that Email
So it was like a roller coaster hodl ride for the victims with extreme high(which would be now) and low points(thanks to mtgox?). Hopefully, they won't sell it in fear of losing them again lol
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isn't binance futures just another type of gambling? given how volatile the market is? or am I missing something? Around $2B(probably more) got liquidated in the past few weeks.
it's like saying, your job is betting futures in WTA tennis lol
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You will definitely make some profit during a bull market with such strategies. But when the bear market comes, you will experience consecutive losses. These kind of strategies can even wipe out your entire balance if you aren't careful enough. Of course, you shouldn't let this thought hold you back from trying a new strategy. Just be careful  Nothing is certain or ever-lasting (especially with cryptos). |
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bitcoin address wants to trade 1 btc for 1 ltc, both should have an address, and value reference should be the dollar, and done, you send LTC to his LTC wallet, and he sends to you BTC to your BTC Address
But this system can't be trustless, right? There has to be a third party, or a mediator or escrow to make this deal happen. Unless they trust each other(which is very unlikely when it's two strangers). Dex is the only way. You can try bsc dex? they have low fees, unlike ETH. Or you could try the exchange section of this forum  |
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it’s adoption by Such small players on the world stage has done little to promote more mainstream acceptance. Nobody really uses bitcoin in El salvador(except for people who were already using it lol). A common excuse as to why people Don't use BTC cryptocurrencies for their everyday purchases is Because it’s not really accepted anywhere.
People can still buy almost anything with crypto(that too at an almost 10% discount). But again, the discount will remain only if few people use it. So it's more like a reward. I don't really understand why we still don't have a big company that support crypto currency payments. They could be the biggest competitor to ebay etc. if that happens. I would love to use that, it's a big need for me. As I still have to deal with crypto > bank > credit card payment and all these have stupid fees. Instead of that I should shop with one click with my coins. Hopefully soon there will be a site or shopping system that mediate this.
There are only a few of us who sell their cryptos whenever they need FIAT. Try purse.io, you can buy anything from amazon at a discount with crypto. |
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i think the topic creator is suggesting to develop a club, similar to the '3comma club" for people with
$x,xxx,xxx,xxx
atleast $1billion
however if 1BTC is possibly one day in many years going up to $1m .. then it would need to be the 'kilo' coiner or something like that for 1000 coin
Someone like this guy will start a merchandise line with that name "Kilo Coiner" Anyhow, for bitcoin to reach a million the conventional currencies will have to fail. But if the entire world really shifts to bitcoin(or any other cryptocurrency) then what will happen to this society when a solar flare hits the eart lol Armageddon! |
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There is a lack of decentralized casino/gambling websites in the market, If someone covers this part, they will be ultra-rich.
Regulations are going to be strict with anything related to crypto, that's pretty obvious, a decentralized system will be really great and will secure anonymity too on the blockchain.
It's almost impossible to create any decentralized application for a service that runs on FIAT. Bet-at-home was a FIAT centric casino, so decentralization wouldn't solve any problem here. We have quite a few decentralized casinos in crypto(if you look for them). Some already have a good reputation which are running on ETH smart contract. That would require its own thread to discuss decentralized casinos in the crypto space. |
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I bet on the victory of Djokovic in the first set,
You lost the first bet however i predicted that Djokovic will lose the first set and it happened exactly as thought. However hopefully Djokovic will win the 2nd set and you boosted bet will recover your loss. I am sure Djokovic will lose the first set,
 Yes, your prediction turned out to be correct. But I followed my strategy and already won back the loss. But by the way, Djokovic plays very badly, judging by the statistics - a lot of double faults and small winning percentages from the first / second serve. For now, I will see how things will develop in the third set and then I will make a bet. Yea, it was right but I was too broke to put my money where my mouth was lol Djokovic did drop the ball in the first set, but that was more like a warmup set. He became unbeatable once his racket became hot. Djokovic is going to be a heavy favorite going into US open. Still, 2 months left for it, but I am pretty sure it will be 22nd grand slam for him!! |
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chill Sunday   It's going to 3rd map, NIP is destroying G2 on Nuke.
Nuke is g2's kryptonite lol as expected Brollan stepped up a gear and the team delivered. Really hope NIP can beat MOUZ, i feel like they can put up a fierce fight in the playoffs, unlike Mouz who imo are overperforming Brollan = 57 kills Followed by Rez(expected) at 47 kills NIP still got 2 bots, I don't see them going anywhere with pricetag and flopski. Brolland and Rez deserve better  Furia getting destroyed by pogkinder now  |
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The dependency of altcoin's price on bitcoin isn't enforced by some algorithms.
It's more due to the exchanges and how almost every altcoin has a trading pair with BTC. And also how almost 50% of the trades on any exchange involve "bitcoin". This is where the relation comes from.
You may think that the value of altcoins is derived from their USD market(or tether/BUSD/etc). It's not, their value mostly depends on their respective BTC pair market.
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Yea, there's no specific law that prohibits the US government from banning cryptography or encryption algorithms. However, any such attempt would likely be met with significant resistance from the technology community and would likely be unconstitutional (  ). Cryptography is a fundamental part of the architecture of the internet(https), maybe they can ban certain algorithms? But I don't see it happening. They can definitely make it harder to implement algorithms that can't be backdoored by the NSA(by pushing weak encryption which they can exploit) . Maybe it's already happening. |
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+1
Beautiful depiction of the market.
A bear market helps to purge the excesses of the previous bull market and allows for new growth to occur. It also exposes scams and ponzis(Celsius, Luna).
But a prolonged bear market can lead to a decrease in overall confidence in the cryptocurrency market and cause a slowdown in innovation and development. And this one is here to stay.
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The same thing could happen to someone on USDT network too and on other centralized projects.
Even with decentralized projects(bitcoin, eth, etc), defi and cex are marking dirty addresses(like when they are involved with money laundering or illegal activities) to blacklist them. He knew the rules before he created those accounts(just like how most cex works, binance can freeze your funds if they want to).
I don't see how this is a W for bitcoin, when every second service in crypto is trying to mimick that model which they mock on his Twitter.
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The topic is already opened for discussion here : Preev.com - DNS hosting service has expired.Please use Search option before posting. The topic was already posted in the same sub-board. The comment above already has answered your question. No need to duplicate topics. Please lock this one. oh well, my bad. I did a search before writing it but nothing turned up. https://i.imgur.com/xcHhktJ.pngNo sense in keeping two topics open about the same thing. I will lock this one up. Seems like they face problems with their hosting provider on a regular basis since their domain is all paid up until 2025. I can't access preev.com, I get the following page every time: Is it going to come back or is it done for good I will miss its simple design and quick access to bitcoin prices without going through bs ads I'm also using this simple tool for price comparison and this is the first online tool I've used it's been online for many years I wonder why the webmaster forgot or just let his subscription to his provider expire. Depending on the host he is using, hosting providers usually have a backup of up to 30 days so he will have up to that number of days since his expiration, to pay his provider and launch the site again, the domain is still up until Expires On:2025-01-01 yea, preev is really cool. Been checking the price of bitcoin on preev ever since I got to know about bitcoins(2013?) and it has become a habit now. Even while taking a dump, I would open preev.com from habit lol Locking this thread  |
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It's corruption, nothing else. Whoever was in power, pocketed china's "loan" and staked the future of the entire nation on a few industrial projects. They kept on feeding this mistake, by cutting down on imports(like fertilizers) and as a result affecting the production of their main export too(tea). To console the public, they would cut taxes( ). Corruption and greed destroyed SL. |
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I can't access preev.com, I get the following page every time:  Is it going to come back or is it done for good I will miss its simple design and quick access to bitcoin prices without going through bs ads |
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Yes, Bitcoin will suffer a huge blow. People stay away from risky investments during a recession, and bitcoin is considered a risky asset by almost everyone. Demand will almost die, and maybe continuous dumping will cause a bear market with no brakes. We would be lucky if it stays around 10k, if things go south  |
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Honestly, it will be a hard decision to make for me.
The gambler is a regular customer of the casino and is not breaking any rules. If the casino manager fires the casino worker, he could be seen as being unsupportive of his employees. If he bans the gambler from the casino, he could be losing money on business.
But most people would fire the worker, without thinking twice.
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